RFP News

Published on Dec 29, 2010

Kazakhmys Group, one of the world’s largest copper suppliers, has extended its agreement with IFS to implement IFS Applications procurement software across the entire corporation. The new contract includes more than 1,000 additional user licenses.

With IFS Applications, Kazakhmys will be able to plan material procurement dynamically and precisely, allowing exact demand forecasts on a quarterly and yearly basis. The Group will have full control of real stock volumes, material availability and automatic replenishment of safety reserves of crucial material, all of which are important for the business. Furthermore, IFS Applications will enable the company’s business processes to be consolidated into a single information environment to make procurement more transparent and efficient.

“We can already see the first results of implementing IFS Applications. We have been able to streamline our procurement processes, and we now have new tools for control and analysis. After implementing the solution in all subsidiaries we look forward to seeing even more significant business benefits,” Andrey Puzanov, director of Kazakhmys Group trade house and chairman of the project management committee.***

Source: Business Wire

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